Global Silicon Carbide Fiber Market was valued at USD 401.23 Million in 2017 and is expected to reach USD 6730.8 Million by 2026 at a CAGR of 42.26%.
Global Silicon Carbide Fiber Market
Silicon carbide fiber and its composites are used in high-temperature structures like gas turbine engines. Application of Silicon carbide fibers is becoming popular owing to its low weight Gabi Jersey , high strength and ability to survive at land-based gas turbine engines along with an ability to withstand high temperature in aircrafts hence driving the market. Silicon carbide fibers further have wide applications in heat exchanges, reformers, reactors as well as filters in the chemical industry.
Sic fiber market Silicon carbide fiber along with its composites being used with ceramic matrix has a significant demand from land-based gas turbine engine and aircraft manufacturers as both require fabrics to withstand high temperatures.
Among different end-use industries Filipe Luis Jersey , the aerospace & defense industry is expected to grow at the highest rate. Factors such as increased strength, low weight, and oxidation resistance have resulted in the application of silicon carbide fiber over metal alloys in aircraft engines. Silicon Carbide fiber is replacing metal alloys in shrouds Fernando Torres Jersey , nozzles, combustion, and blades of aircraft engines thereby contributing to overall growth of silicon fiber market.
North America is the largest consumer of silicon carbide fiber whereas it is the Asia Pacific region that will likely account for the fastest growth rate during the forecast period. Scope of the Report:
About Company Info 鈥?br > Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals Axel Werner Jersey , Electronics & Communications, Internet of Things, Food and Beverages Augusto Fernandez Jersey , Aerospace and Defense and other manufacturing sectors Report Published by: Maximize Market Research
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